Emirates NBD wins Cloud Computing Innovation of the Year at FStech Awards

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Dubai – MENA Herald:

Emirates NBD, one of the leading banks in the region, was awarded Cloud Computing Innovation of the Year at the FStech Awards in London.

The award recognises Emirates NBD’s success over the past two years in not only launching its own private cloud as a first in the Middle Eastern banking sector but for also progressively expanding its capabilities to include a dedicated developer portal, Continuous Integration/Continuous Delivery (CICD) capabilities, and over 250+ Application Program Interfaces (APIs). This represents a game-changer for Emirates NBD in terms of more rapidly delivering and innovating its banking services.

Some of the benefits of the cloud adoption include auto-scaling under load, automated deployments, reusable APIs, auto-restart of failed applications and cross-site resiliency. Moreover, the developer portal is now being used to drive new local and international FinTech and third-party relationships.

“Emirates NBD is honoured to receive this award from FStech for our cloud adoption, which reflects a key milestone of the bank’s AED 1 billion digital transformation,” said Abdulla Qassem, Group Chief Operating Officer at Emirates NBD.

“We will continue working to ensure that cloud is an intrinsic part of our enterprise’s landscape to deliver the highest level of agility and speed to market for new digital products. This will help to further solidify Emirates NBD’s position as an innovation-driven bank,” he added.

Emirates NBD’s private cloud guarantees a consistent, high-speed customer experience across the bank’s suite of digital channels, achieved through its dual-active zone architecture that eliminates single points of failure across the complete private cloud stack. It also reduces the time to market for new digital product innovation, with significant automation delivered through its CICD capability. These benefits are achieved by Emirates NBD’s private cloud while also meeting the highest security and resiliency benchmarks.

FStech is the leading website for IT decision makers in the UK and European financial services sector, targeting executives from various industries including banks, building societies, insurers, trading houses, exchanges and other financial institutions. The FStech Awards, currently in their 19th year running, celebrate excellence and innovation within the UK and EMEA financial services sector.

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